ING Capital Launches $1.5 Billion
Perpetual Bond in a Slow Market

LONDON -- A $1.5 billion (1.72 billion euros) perpetual Eurobond from ING Capital dominated a slower day in terms of issuance as the supply pipeline ahead of the holidays appears to be running dry.

Market talk on corporate issuance is largely focused on the first quarter of 2001, though some asset-backed deals could hit the market before the holidays arrive, traders said, noting that a Eurotunnel SA issue through vehicle Fixed-Link...